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$179,000

NAL Estimated Property Value

4227 Madden Lane, Houston, TX, 77047

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,400 Sq Ft
price_per_sqft$120.71 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
AppliancesElectric Oven, Oven, Microwave, Electric Cooktop, Electric Range, Free-Standing Range, Refrigerator
FlooringVinyl

Exterior

Lot Size7,139 sqft

Building Information

Year Built1957
Stories1
Garage Spaces1

Land Information

APN0880390000014
Lot Number14
SubdivisionCloverland
Land UseResidential
Legal DescriptionLT 14 BLK 17 CLOVERLAND SEC 4
Census Tract331501
Assessed Land Value$45,203
Assessed Improvement Value$106,294
Assessment Year2025

About this property

Newly renovated home in the well located medical center area few minutes to 610 loop, several highways all few minutes away! House sits on a huge 8000 square foot corner lot with a mature tree and manicured grass. Few minutes to all shopping, public transportation and city of Houston stadiums and schools. Extremely well located home for work and education and play! 4 huge bedrooms and kitchen opening to dining area and living room. Perfect for you and yours! Driveway will hold 4 cars easily plus front parking as the house fronts on 2 streets being a corner lot! There is also a side gated entrance for the back yard to pull in any rvs or boats to store behind the house! Come and take a look at this house as it will not last long and is a hard to find large corner lot fronting 2 quiet streets! Call now to see snd show!

Investor Tools

Property Icon
$179,000
Estimated Property Value
$154,911Estimated Mortgage Balance
$24,089Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,074 /month
Positive
Cash Flow Estimate:
$358 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,694
$151,497
2025
$45,203
$106,294
$151,497
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,694
$151,497

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$166,840
No
First
Jul 15, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,911
$24,089
13%
87%
$1,001/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$1,001/mo
+$999/mo
13.4%

City: Houston

4227 Madden Lane | Property Details | No Agent List